Tag: coking coal futures

Iron ore fines (Fe 61%) spot prices spiked up by $2.6/dmt d-o-d to $109.25/dmt CFR China on 7 Jan’26. The increase was driven by a positive Chinese macro outlook, strong steel demand, and firm restocking ahead of Lunar New Year. Higher blast furnace utilisation, tighter mill inventories, and supportive coking coal futures further boosted the…